Duplex with In-Unit
3077 W LEHMAN Ave, West Valley City, UT 84119
For Sale
$699,000
Residential, West Valley City, UT
Property Size3,377 SF
Lot Size0.25 Acres
Price / SF$206.99
Days on Market56
Property Features for 3077 W LEHMAN Ave
General Information
Property type
Property subtype
Zoning
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Amenities
in-unit laundry
central air
Building Details
Year built
Number of units
Roof type
Architectural style
Buildings
Listing Agency:
EXP Realty, LLC
(801) 499-6087
Listed By:
Kelly Albert Denney
(385) 419-1397
Added: Sep 15
Changed: Oct 28
Last Checked: Nov 9 at 6:06AM
MLS# 2187368
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Investment Insights
Based on property information with market context.
This 1972 duplex contains two residences, each measuring 1,688 square feet, on a 0.25-acre lot. Both units have in-unit laundry, central air conditioning, and separate side entrances. The property is zoned Multi-Family and includes covered parking. Central air was installed in the units in 2017 and 2020; a furnace and water heater were also replaced in 2017.
The property is near Valley Fair Mall, the Maverik Center, TRAX stations, and I-215. The planned University of Utah Eccles Health Campus and Intermountain Health’s Fairbourne Campus are also nearby.
The property is near Valley Fair Mall, the Maverik Center, TRAX stations, and I-215. The planned University of Utah Eccles Health Campus and Intermountain Health’s Fairbourne Campus are also nearby.
Key Highlights
- Two‑unit duplex with 1,688 square feet in each residence
- 0.25‑acre lot; zoned Multi‑Family
- In‑unit laundry and separate side entrances in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,572
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$731,440
$731.4K
Cap Rate 7%
$522,457
$522.5K
Cap Rate 9%
$406,356
$406.4K
Market Conditions
NOI Build-Up for 3,377 SF
Gross rent
$54.7K $16.20/SF
− Vacancy
−$2.5K −$0.73/SF
EGI
$52.2K $15.47/SF
− OpEx
−$15.7K −$4.64/SF
NOI
$36.6K $10.83/SF
Area
West Valley City, UT
Vacancy
4.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$731,440
Cap Rate 7%
$522,457
Cap Rate 9%
$406,356
Alternative Uses
Best Use
Multifamily LT 5
$522.5K
$457.2K – $609.5K
NOI $36,572 @ 7.0% cap · market cap 5.23%
Second Best
Apartment 5plus
$471.6K
$412.6K – $550.2K
NOI $33,010 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$966.8K
$845.9K – $1.13M
NOI $67,675 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
893
Businesses Nearby
Explore this area
Business Placement
Demographics for 84119, UT
54,143
Population
16,811
Households
3.2
Avg Household Size
31
Median Age
16%
College-Educated
79%
High-School Grad
11.5 sq mi
ZIP Area
4,708
Density / Sq Mi
$66,616
Median Household Income
$35,676
Median Earnings
$1,418
Median Rent
$341,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in West Valley City, UT
Properties on Market for Duplexes in West Valley City
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have separate side entrances and central air conditioning.
Where is this duplex located?
The property is located at 3077 W LEHMAN Ave West Valley City, UT.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,688 square feet in each residence; 0.25‑acre lot; zoned Multi‑Family; In‑unit laundry and separate side entrances in both units
